The Project is situated between two past-producing uranium mines, and covers more than three linear miles of altered, mineralized structure. Recent surface sampling along this regional trend has returned uranium assays with grades equal to those of the ore resources at the adjoining uranium mines; assays for precious metals have also been positive, with surface samples returning 0.08 to 0.22 oz Ag/ST.

Independent geologists who have visited the property and reviewed the geologic data have estimated that the TP project area could host a deposit on the order of 10 to 50 million tons grading 0.06% to 0.10% U3O8.

Capital Hill plans to immediately begin exploration work on the Toiyabe Peaks project. Detailed geologic mapping and sampling will be undertaken in conjunction with geophysical surveys to identify areas for trenching and drilling later this summer.

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